Hive AI (BUZZ): DeFAI Platform and Winner of the Solana AI Hackathon
Hive AI is a network that’s composed of different decentralized AI agents. These agents execute complex on-chain operations, such as trading, staking and liquidity management, all through an intuitive natural language interface. By simplifying decentralized finance (DeFi) processes and interactions for users, Hive AI makes the DeFAI (that is, DeFi + AI) space more accessible, offering powerful solutions for both novice and seasoned users.
This article explores what makes Hive AI unique, from its role in the DeFAI sector to its award-winning innovation at the Solana AI Hackathon. We’ll also explore its tokenomics, compare it with other DeFAI platforms and discuss how the BUZZ token shapes Hive AI’s ecosystem.
Key Takeaways:
Simplified DeFi Access: Hive AI leverages a natural language interface to make complex DeFi operations accessible to everyone.
Award-Winning Innovation: Hive AI secured first place at the Solana AI Hackathon, showcasing the project’s technological excellence.
BUZZ Token Utility: The BUZZ token powers Hive AI's ecosystem, offering real-world applications and trading opportunities.
What Is DeFAI?
DeFAI, short for decentralized finance AI, merges artificial intelligence (AI) with blockchain-based financial systems. These projects leverage AI agents to automate and optimize activities like trading, staking, yield farming and market analysis, making DeFi more efficient and accessible. By combining the analytical power of AI with the transparency of decentralized protocols, DeFAI creates a new era of innovation in which users can benefit from real-time insights and automation.
The sector has seen rapid growth, with market potential expected to surge from $1 billion to $10 billion by the end of 2025. Projects like Griffain (see more below) and AIXBT by Virtuals are at the forefront, blending advanced AI features with decentralized tools to simplify complex financial operations.
One of AI’s greatest strengths in DeFAI is its ability to process vast amounts of on-chain and off-chain data. By analyzing blockchain activity alongside external market trends, DeFAI platforms empower users to make quicker, data-driven decisions.
What Is Hive AI?
Source: Hive AI
Hive AI is a modular system of decentralized agents working together to execute various on-chain tasks. Each agent is specialized — to handle trading, staking or analysis — while higher-level agents coordinate these actions for more complex operations.
The platform’s intuitive design allows users to input simple queries, with the network automatically selecting the best agents for the jobs. Its scalable architecture ensures adaptability, enabling seamless integration of new agents and features. This dynamic setup not only simplifies DeFi interactions but also evolves continually, offering ever-expanding functionality for users.
Founder of Hive AI
Hive AI was founded by Jason Hedman, a full-stack software engineer with expertise spanning blockchain, AI, fintech and gaming. A graduate of Vanderbilt University, with degrees in computer science and mathematics, Jason has a proven track record of innovation and leadership, including serving as Project Manager for Change++ and as president of his fraternity chapter.
In May 2024, Jason secured first place at the global Microsoft Generative AI Hackathon by developing an AI copilot for students. This revolutionary tool processes multimodal inputs — like text, images and PDFs — to build knowledge graphs and guide learners toward their goals, showcasing Hedman’s knack for transformative technology.
Winner of the Solana AI Hackathon
Hive AI proudly took first place in the Main Track of the Solana AI Hackathon, earning the $60,000 grand prize. This achievement highlights the platform’s innovative approach to decentralized AI. Hive AI’s win cements its role as a leader in the AI-powered blockchain space. Onward and upward!
How Does Hive AI Work?
Source: Hive AI
Hive AI is a network of interoperable on-chain agents designed to streamline DeFi transactions. Each agent has a specific objective and an action space, defining its tasks and capabilities. Users set objectives such as "Allocate 100 USDC to the top 5 highest-yielding pools daily," using a natural language interface. The Orchestrator agent selects the best tools from the action space to meet the objective, integrating Solana, CDP and social agent kits.
For autonomous tasks, the Orchestrator creates a task scheduler to manage the agent's activities, such as querying lending pools, lending on Solend or withdrawing funds. Hive AI’s intuitive setup and powerful coordination simplify complex DeFi workflows.
Comparison With Other DeFAI Projects
Hive AI stands out with its interoperable on-chain agents, enabling seamless coordination across diverse DeFi tools. Unlike Griffain (GRIFFAIN), which focuses on fixed trading strategies, Hive AI (BUZZ) offers flexible, user-defined objectives. Similarly, while HeyAnon (ANON) emphasizes conversational AI for crypto queries, Hive AI prioritizes actionable automation through task scheduling and customizable agents.
Learn more about HeyAnon and Griffain.
BUZZ Tokenomics
BUZZ is the native token of Hive AI’s DeFi ecosystem, which is built on the Solana blockchain. The total supply of BUZZ is approximately 999.87 million tokens. Token allocation includes 5% locked for one year, held by developer Jason Hedman.
BUZZ facilitates various functions within the Hive AI platform, such as transaction fees, governance participation and incentivizing network participants. The BUZZ token reached an all-time high price of $0.1855 on Jan 22, 2025, with a 24-hour trading volume exceeding $98 million. Its market capitalization has surpassed $100 million, reflecting significant growth and interest in the project.
Trade BUZZ on Bybit Now
Hive AI represents a major step forward in combining AI with DeFi. Its modular agent-based system, intuitive interface and award-winning innovation at the Solana AI Hackathon together position it as a leading force in the DeFAI sector. The BUZZ token further strengthens its ecosystem, offering further utility and driving user engagement.
For traders, there's more exciting news. Bybit users can now trade the BUZZUSDT Perpetual contract in the Innovation Zone, with leverage of up to 20x. This listing provides an opportunity to engage with the Hive AI ecosystem directly and benefit from its growing adoption. Learn more about the BUZZUSDT Perpetual contract in Bybit’s official announcement — or simply start trading here.
#LearnWithBybit